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GMG · ASX

Goodman Group (ASX:GMG)

AU$34.35

 -0.38 (-1.094%)
ASX:Live
17/05/2024 04:10:34 PM
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Consensus Score
/10
Recommend
Target Price
Deviation
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GMG Overview

GMG Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Weak

GARP

Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Very Weak

Earnings

Weak

Growth

Earnings

Weak

Dividends

Strong

Quality

Capital Efficiency

Weak

Balance Sheet

Neutral

About GMG

Telephone

Address

Description

Goodman Group engages in the development, owning, and management of industrial property and business space. It involves in the investment in directly and indirectly held industrial property, investment management, property services, and property development. The company was founded by Gregory Leith Goodman in 1989 and is headquartered in Sydney, Australia.

GMG Price Chart

Key Stats

Market Cap

AU$65.96B

PE

20.90

EV/EBITDA

19.9

Dividends Overview

DIV Yield

1.5%

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 19.28 - 35.09

Trade Value (12mth)

AU$27,466,514.00

1 week

1.78%

1 month

12.66%

YTD

36.8%

1 year

69.46%

All time high

35.09000015258789

Key Fundamentals

EPS 3 yr Growth

0.800%

EBITDA Margin

23.50%

Operating Cashflow

$1,284m

Free Cash Flow Return

6.30%

ROIC

7.70%

Interest Coverage

12.70

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

1894m

HALO Sector

Next Company Report Date

15-Aug-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

1.93

GMG Announcements

Latest Announcements

Date Announcements

17 May 24

Appendix 3Y

×

Appendix 3Y

08 May 24

Q3 FY24 Operational Update

×

Q3 FY24 Operational Update

10 April 24

Goodman Group announces retirement of Phillip Pryke

×

Goodman Group announces retirement of Phillip Pryke

10 April 24

Appendix 3Z

×

Appendix 3Z

10 April 24

Notification of cessation of securities - GMG

×

Notification of cessation of securities - GMG

26 March 24

Goodman Property Trust Internalisation Proposal approved

×

Goodman Property Trust Internalisation Proposal approved

19 March 24

Change in substantial holding

×

Change in substantial holding

19 March 24

Change in substantial holding

×

Change in substantial holding

26 February 24

NZ - Goodman Property Trust (GMT) positioned for growth

×

NZ - Goodman Property Trust (GMT) positioned for growth

23 February 24

Dispatch of 31 December 2023 distribution

×

Dispatch of 31 December 2023 distribution

22 February 24

Change in substantial holding

×

Change in substantial holding

21 February 24

31 December 2023 Distribution Taxation Components

×

31 December 2023 Distribution Taxation Components

15 February 24

Appendix 4D and Half Year Accounts

×

Appendix 4D and Half Year Accounts

15 February 24

GMG 31 December 2023 Half Year Results

×

GMG 31 December 2023 Half Year Results

15 February 24

Half Year Results Presentation

×

Half Year Results Presentation

11 January 24

Notification of cessation of securities - GMG

×

Notification of cessation of securities - GMG

20 December 23

Appendix 3Y

×

Appendix 3Y

14 December 23

Dividend/Distribution - GMG

×

Dividend/Distribution - GMG

22 November 23

Appendix 3Y

×

Appendix 3Y

17 November 23

Notification regarding unquoted securities - GMG

×

Notification regarding unquoted securities - GMG

17 November 23

Appendix 3y x 3

×

Appendix 3y x 3

14 November 23

AGM Chairman's and CEO's Presentation

×

AGM Chairman's and CEO's Presentation

14 November 23

AGM Results of Meeting

×

AGM Results of Meeting

06 November 23

Q1 FY24 Operational Update

×

Q1 FY24 Operational Update

12 October 23

Notification of cessation of securities - GMG

×

Notification of cessation of securities - GMG

GMG Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 1.25 1.83 0.83 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 1.22 1.79 0.81 Lock Lock Lock
     Growth % Lock Lock Lock Lock 52.2 46.1 -54.7 Lock Lock Lock
     PE X Lock Lock Lock Lock 35.6 25.4 20.9 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 32.6 23.9 19.9 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.70 0.79 0.72 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.29 0.15 0.37 Lock Lock Lock
     Growth % Lock Lock Lock Lock 21.6 13.3 -9.5 Lock Lock Lock
     Yield % Lock Lock Lock Lock 1.4 0.8 1.8 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.30 0.30 0.30 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 1.3 1.5 1.5 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 24 16 36 Lock Lock Lock
BPS $ Lock Lock Lock Lock 7.12 8.79 9.57 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 6.68 8.37 9.12 Lock Lock Lock
     Growth % Lock Lock Lock Lock 14.4 25.3 9.0 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 1,893 1,909 1,919 Lock Lock Lock
Basic m Lock Lock Lock Lock 1,844 1,864 1,879 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 1,866 2,056 1,964 Lock Lock Lock
     Growth % Lock Lock Lock Lock 24.8 10.2 -4.5 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 329 331 101 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 948 1,451 1,325 Lock Lock Lock
     Growth % Lock Lock Lock Lock -4.6 53.0 -8.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 50.8 70.5 67.5 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 49 29 33 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 515 688 462 Lock Lock Lock
     Growth % Lock Lock Lock Lock -10.0 33.6 -32.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 27.6 33.5 23.5 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 23 17 17 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 492 671 445 Lock Lock Lock
     Growth % Lock Lock Lock Lock -10.5 36.4 -33.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 26.4 32.6 22.7 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 711 1,020 720 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 108 324 182 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 2,312 3,414 1,560 Lock Lock Lock
     Growth % Lock Lock Lock Lock 53.7 47.7 -54.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 123.9 166.0 79.4 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 1,115 841 1,284 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 7 6 13 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -550 -1,002 -716 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -1,349 300 -309 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 1,108 835 1,271 Lock Lock Lock
     Growth % Lock Lock Lock Lock -4.0 -24.6 52.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.6 0.4 0.6 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 920 1,056 1,360 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 16,892 21,466 24,072 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 2,142 2,757 3,348 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 1,234 1,847 2,000 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 3,730 5,042 6,048 Lock Lock Lock
Equity $m Lock Lock Lock Lock 13,162 16,425 18,025 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 15,304 19,182 21,373 Lock Lock Lock
     Growth % Lock Lock Lock Lock 7.6 25.3 11.4 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 13.7 15.9 6.5 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 17.6 20.8 8.7 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 3.3 3.9 2.2 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 15.7 19.8 7.7 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 7.5 4.9 6.3 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 27.1 16.7 12.7 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 2.4 2.7 4.3 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 9.4 11.2 11.1 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 3.4 3.5 3.9 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 2.4 1.9 1.5 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.1 0.1 0.1 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.1 0.1 0.1 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 38.1 49.6 36.7 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 4.2 4.8 3.0 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 15.2 31.8 25.3 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 13.7 15.9 6.5 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.3 1.3 1.3 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 17.6 20.8 8.7 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 76.1 83.6 63.9 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 13.4 17.4 5.5 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 154.9 188.0 243.9 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 108.2 102.8 94.4 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 263.1 290.9 338.3 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 263.1 290.9 338.3 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

1.5%

Franking Level

N/A

DPSg

0.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

1.93%

Value ($M)

1239

Prior Change

N/A

7 Day Change

-0.20%

1 Month Change

-0.10%

3 Month Change

1.60%

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GMG Shortsell

Frequently Asked Questions

The current share price of Goodman Group (GMG:ASX) is AU$34.35.
The 52-week high share price for Goodman Group (GMG:ASX) is AU$35.09.
The 52-week low share price for Goodman Group (GMG:ASX)? is AU$19.28.
The current TTM dividend payout for Goodman Group (GMG:ASX) is 1.50.
The last dividend payment of Goodman Group (GMG:ASX) is AU$0.15.
Goodman Group (GMG:ASX) has a franking level of 0.0%.
Goodman Group (GMG:ASX) is classified in the Real Estate.
The current P/E ratio for Goodman Group (GMG:ASX) is 20.90.